Powered by Data, Enhancements Add Transparency and Efficiency to Repossession Process
FOR IMMEDIATE RELEASECARMEL, Ind. – November 19, 2019 – Recovery Database Network (RDN) and Clearplan, two business units of global vehicle remarketing and technology solutions provider KAR Auction Services d/b/a KAR Global (NYSE: KAR), announce key platform enhancements. The innovative improvements enable better account management for both lenders and recovery agents. The innovative features include standardized data fields for updates, making data entry more efficient for agents and providing much-needed clarity to the thousands of daily updates between agents and lenders. A real-time geostamping feature for agent updates adds transparency by confirming the location of the agent at the time of the update.
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